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Principal $7500 Rate 5% Compounded monthly Time 2 years The principal represents an amount of money deposited in a savings account subject to compound interest

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Principal $7500 Rate 5% Compounded monthly Time 2 years The principal represents an amount of money deposited in a savings account subject to compound interest at the given rate. A Find how much money there will be in the account after the given number of yours. B. Find the interest eamed A. The amount of money in the account after 2 years is $ (Round to the nearest hundredth as needed) B. The amount of interest earned is (Round to the nearest hundredth as needed)

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